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Non-controlling Interest (Tables) | 12 Months Ended
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Dec. 31, 2025
Non-controlling Interest |
Summary of Ownership of the Common Units | Holdings is the sole managing member of RMCO and operates and controls all the business affairs of RMCO. The ownership of the common units in RMCO is summarized as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2025 | ​ | December 31, 2024 | ​
​ | ​ | Shares | ​ | Ownership % | ​ | Shares | ​ | Ownership % | ​
Non-controlling interest ownership of common units in RMCO | ​ | 12,559,600 | ​ | 38.5 | % | 12,559,600 | ​ | 39.8 | %
Holdings outstanding Class A common stock (equal to Holdings common units in RMCO) | ​ | 20,095,180 | ​ | 61.5 | % | 18,971,435 | ​ | 60.2 | %
Total common units in RMCO | ​ | 32,654,780 | ​ | 100.0 | % | 31,531,035 | ​ | 100.0 | %
Reconciliation from Income Before Provision for Income Taxes to Net Income | A reconciliation of “Income (loss) before provision for income taxes” to “Net income (loss) attributable to RE/MAX Holdings, Inc.” and “Net Income attributable to non-controlling interest” in the accompanying Consolidated Statements of Income (Loss) for the periods indicated is detailed as follows (in thousands, except percentages): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31, | ​
​ | ​ | 2025 | ​ | 2024 | ​ | 2023 | ​
​ | ​ | Holdings | ​ ​ ​ | NCI | ​ ​ ​ | Total | ​ ​ ​ | Holdings | ​ ​ ​ | NCI | ​ ​ ​ | Total | ​ | Holdings | ​ ​ ​ | NCI | ​ ​ ​ | Total | ​
WAO percentage of RMCO(a) | ​ | ​ | 61.2 | % | ​ | 38.8 | % | ​ | 100.0 | % | ​ | 59.9 | % | ​ | 40.1 | % | ​ | 100.0 | % | ​ | 59.1 | % | ​ | 40.9 | % | ​ | 100.0 | %
Income (loss) before provision for income taxes(a) | ​ | $ | 11,743 | ​ | $ | 7,885 | ​ | $ | 19,628 | ​ | $ | 3,216 | ​ | $ | 2,984 | ​ | $ | 6,200 | ​ | $ | (14,149) | ​ | $ | (27,390) | ​ | $ | (41,539) | ​
(Provision) / benefit for income taxes(b) | ​ | ​ | (3,590) | ​ | ​ | (2,605) | ​ | ​ | (6,195) | ​ | ​ | 3,907 | ​ | ​ | (2,030) | ​ | ​ | 1,877 | ​ | ​ | (54,873) | ​ | ​ | (2,074) | ​ | ​ | (56,947) | ​
Net income (loss) | ​ | $ | 8,153 | ​ | $ | 5,280 | ​ | $ | 13,433 | ​ | $ | 7,123 | ​ | $ | 954 | ​ | $ | 8,077 | ​ | $ | (69,022) | ​ | $ | (29,464) | ​ | $ | (98,486) | ​
NCI – non-controlling interest
(a) | The WAO percentage of RMCO differs from the allocation of income (loss) before provision for income taxes between RE/MAX Holdings and the non-controlling interest due to certain items recorded at Holdings.
(b) | The provision for income taxes attributable to Holdings is primarily comprised of U.S. federal and state income taxes on its proportionate share of the pass-through income (loss) from RMCO. It also includes Holdings’ share of taxes directly incurred by RMCO and its subsidiaries, including taxes in certain foreign jurisdictions. See Note 11, Income Taxes, for additional information.

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